SK Minerals & Additives Limited has appointed Sunita Rani as an Additional Director in the Executive category, effective August 10, 2026. The Board of Directors approved the appointment during its meeting held on August 10, 2026, acting on the recommendation of the Nomination and Remuneration Committee. This change in board composition marks a structural shift for the manufacturer of advanced additives, nutrients, and chemicals, bringing a promoter with extensive industry experience into a formal governance role.

The appointment is subject to shareholder approval at the company’s ensuing Annual General Meeting (AGM). Until such approval is granted, Sunita Rani will hold office as an Additional Director. The company disclosed the change pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, along with Schedule III of the Listing Regulations and SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Director Profile and Relationships

Sunita Rani brings 15 years of experience in the specialty chemicals industry to the board. She is a promoter of SK Minerals & Additives Limited and previously operated as the sole proprietor of M/s SK Minerals. The filing highlights her administrative and communication skills as key qualifications for the role. Her Director Identification Number (DIN) is 08938748.

The disclosure outlines specific familial relationships within the board structure:

Mohit Jindal, who serves as Chairman & Managing Director (DIN: 05351969), signed the disclosure letter dated August 11, 2026. The filing confirms that Sunita Rani is not restrained from acting as a director by any SEBI order or other authority.

Governance Implications

The appointment strengthens the promoter family’s presence on the board, with Sunita Rani joining her sons, Mohit Jindal and Rohit Jindal, in key leadership positions. As an Executive Director, she will participate actively in the management and strategic direction of the company. The requirement for AGM approval ensures that the broader shareholder base retains final say on this composition change, aligning with standard corporate governance practices for listed entities in India.

SK Minerals & Additives posted a robust year-on-year performance in Q1, with net profit more than doubling and revenue nearly doubling compared to the same quarter last year. The company also reported an improvement in operating profitability, as reflected in the expansion of its EBITDA margin.

Financial Highlights

The following table summarises the key financial metrics for Q1 on a year-on-year basis:

Net Profit and Revenue Performance

SK Minerals & Additives reported a net profit of 37M rupees in Q1, compared to 16M rupees in the corresponding quarter of the previous year, representing a significant year-on-year increase. Revenue for the quarter stood at 644M rupees, up from 342M rupees in the year-ago period, indicating strong top-line growth across the business.

Operating Profitability

On the operating front, EBITDA rose to 69M rupees from 32M rupees year-on-year, demonstrating improved operational efficiency. The EBITDA margin expanded to 10.67% from 9.31% in the same quarter last year, reflecting better cost management relative to revenue growth.